Iron Mountain raises annual forecasts on AI-fueled data center boom
Mădălin Mihai
April 30 : Iron Mountain raised its annual forecast on Thursday, as companies increasingly rely on its data centers to meet growing demand for artificial intelligence capabilities. Demand for computing power needed to train AI models and run applications such as ChatGPT has driven a data center boom, expanding the market for companies such as Iron Mountain that lease such spaces. • Iron Mountain, which operates as a real estate investment trust, reported adjusted funds from operations (AFFO) of
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